The Financial Times today published "UK mid-caps suffer drop in liquidity and analyst coverage" featuring Hardman & Co CEO Keith Hiscock.
Hannah Murphy comments:
“Annual trading volumes of companies listed on the London Stock Exchange with a market capitalisation of between £600m and £5bn — many of which are constituents of the FTSE 250 index — fell 9.8 per cent between January and the end of June on a 12-month rolling basis. Meanwhile, the average number of analysts covering those stocks dropped 3 per cent over the same period, according to the data compiled by independent researcher Hardman.” Read the full report
The commentary follows the release of our MiFID II Monitor. This dashboard provides an instant overview of the health of the Main Market and AIM stock markets, tracking trading liquidity and broker research, following the implementation of the Markets in Financial Instruments Directive II (“MiFID II”) this year. These two metrics underpin transparency, price discovery and investor confidence, all key parameters for a healthy stock market benefiting investors and companies alike. Read our MiFID II Monitor
The next set of data will be published in November. To ensure that you are amongst the first to receive our research, don’t forget to subscribe.